Daneistis Limited provides the following loan schedule in relation to its borrowings: Date Payment ($) Interest ($) Principal ($) Balance ($) 30 June 2020 749,950 30 June 2021 113,700 33,748 79,952 669,998 30 June 2022 113,700 30,150 83,550 586,448 30 June 2023 113,700 26,390 87,310 499,138 30 June 2024 113,700 22,461 91,239 407,899 30 June 2025 113,700 18,355 95,345 312,554 30 June 2026 113,700 14,065 99,635 212,919 30 June 2027 113,700 9,581 104,119 108,801 30 June 2028 113,700 4,899 108,801 0 Calculate, to one decimal point, the interest rate % Daneistis Limited is being charged by the lender. Mesitimi Limited has finalised the planning of a project that requires an investment of $102 million. In considering its financing options, Mesitimi Limited can access debt finance at an incremental borrowing rate of 6% per annum. Economic modelling indicates that shareholders expect a minimum return of 12%. The corporate tax rate is 30%. Calculate, to two decimal places, the weighted average cost of capital (WACC) if Mesitimi Limited decides to finance 42% of this project using equity finance